[Federal Register Volume 89, Number 103 (Tuesday, May 28, 2024)]
[Notices]
[Pages 46250-46251]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-11642]


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SMALL BUSINESS ADMINISTRATION


Reporting and Recordkeeping Requirements under OMB Review

AGENCY: Small Business Administration.

ACTION: 30-day notice.

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SUMMARY: The Small Business Administration (SBA) is seeking approval 
from the Office of Management and Budget (OMB) for the information 
collection described below. In accordance with the Paperwork Reduction 
Act and OMB procedures, SBA is publishing this notice to allow all 
interested member of the public an additional 30 days to provide 
comments on the proposed collection of information.

DATES: Submit comments on or before June 27, 2024.

ADDRESSES: Written comments and recommendations for this information 
collection request should be sent within 30 days of publication of this 
notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection request by selecting ``Small Business 
Administration''; ``Currently Under Review,'' then select the ``Only 
Show ICR for Public Comment'' checkbox. This information collection can 
be identified by title and/or OMB Control Number.

FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the 
information collection and supporting documents from the Agency 
Clearance Office at [email protected]; (202) 205-7030, or from 
www.reginfo.gov/public/do/PRAMain

SUPPLEMENTARY INFORMATION: SBA Form 1149, Lenders Transcript of Account 
is completed by Lenders when requesting SBA to purchase the guaranty 
portion of a loan. At that time, Lenders are required to supply the 
Agency with a certified transcript of the loan account. SBA Form 1149 
is a uniform and convenient means for lenders to report and certify 
loan accounts to purchase by SBA. The Agency uses the information to 
determine date of loan default and whether Lender disbursed and 
serviced the loan according to Loan Guaranty agreement.

[[Page 46251]]

    SBA has determined that the current information does not adequately 
meet its needs at the time of guaranty purchase review since the form 
does not collect enough details about the type of loan payments. 
Accordingly, SBA changed the column titled ``DEFERMENT'' to ``TYPE OF 
PAYMENT.''
    SBA also plans to revise and clarify the instructions for the Form 
1149 to ensure the lenders will be aware of the information to be 
reported. Lastly, the Form 1149 may undergo additional formatting 
changes to make it easier to address mandatory Federal government 508 
accessibility compliance.
    This non-substantive change will likely not have a significant 
impact on the burden. SBA is requesting a 3-year renewal.

Solicitation of Public Comments:

    Solicitation of Public Comments: Comments may be submitted on (a) 
whether the collection of information is necessary for the agency to 
properly perform its functions; (b) whether the burden estimates are 
accurate; (c) whether there are ways to minimize the burden, including 
through the use of automated techniques or other forms of information 
technology; and (d) whether there are ways to enhance the quality, 
utility, and clarity of the information.
    OMB Control Number: 3245-0132.
    Title: Lenders Transcript of Account.
    Description of Respondents: SBA Lenders.
    SBA Form Number: SBA Form 1149.
    Estimated Number of Respondents: 15,000.
    Estimated Annual Responses: 15,000.
    Estimated Annual Hour Burden: 30,000.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-11642 Filed 5-24-24; 8:45 am]
BILLING CODE 8026-09-P